Xiamen GP Electronics Co (SZSE:300632) GF Value Rank : 7 (As of May. 25, 2024)

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What is Xiamen GP Electronics Co GF Value Rank?

Xiamen GP Electronics Co has the GF Value Rank of 7.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Xiamen GP Electronics Co's GF Value Rank

For the Furnishings, Fixtures & Appliances subindustry, Xiamen GP Electronics Co's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Xiamen GP Electronics Co's GF Value Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Xiamen GP Electronics Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Xiamen GP Electronics Co's GF Value Rank falls into.

Xiamen GP Electronics Co GF Value Rank Related Terms

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Xiamen GP Electronics Co (SZSE:300632) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Xiamen GP Electronics Co Ltd (SZSE:300632) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No.608 Lingdou West Road, Siming District, Fujian Province, Xiamen, CHN, 361009

Website

http://www.goproled.cn

Xiamen GP Electronics Co Ltd is a China-based company engages in the manufacture, and sale of LED packaging and application products. It is also engaged in the research and development of key components (LED packaging, LED backlight components, FPC) for LED lighting and LED applications.

Executives

Lin Rui Mei	Director
Lin Wen Kun	Directors, executives
Peng Xin Xia	Executives
Wu Xi Min	Directors, executives
Zhan Qing Rong	Securities Affairs Representative

Xiamen GP Electronics Co (SZSE:300632) Headlines

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